Banks general
RBI hikes bank rate to 9.5 per cent, aligns it with repo rate
14 Feb 2012
RBI has been using the reverse repo rate and the repo rate under the LAF to signal monetary policy stance since 3 May 2011 and the 3.5 percentage point hike, the first in nine years, will align bank rate with the current policy rates
Citi to be first western bank to issue credit cards in China
07 Feb 2012
With China Banking Regulatory Commission granting it approval to launch its credit card business, Citigroup will become the first western bank to issue credit cards in mainland China
Swiss competition watchdog launches probe into role of dozen banks in fixing Libor, Tibor
04 Feb 2012
Despite risks Asian bank ratings outlook stable
31 Jan 2012
China's government debt at "overall safe level": premier Wen
30 Jan 2012
Investors have raised concerns over the size of the debts built up by China's local governments, which could end up compromising the stability of the banking system
BNP Paribas to sell $11-bn energy loan portfolio: report
27 Jan 2012
BNP Paribas, the largest bank in France by assets, is planning to sell up to $11 billion of its portfolio of loans to oil and gas companies
Banks see a softening of interest rates
24 Jan 2012
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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